$1600 gold here we come???
Posted: Wed Apr 27, 2011 12:47 pmGold took off after the Fed comments; gold up in the $1520 range now.
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Posted: Wed Apr 27, 2011 12:47 pmRe: $1600 gold here we come???
Posted: Wed Apr 27, 2011 1:07 pmEveryone should own some GOLD. Even if you love your SILVER, having an allocation of GOLD is something special.
Re: $1600 gold here we come???
Posted: Wed Apr 27, 2011 1:26 pmAs much as I like my silver for it's potential profitability... there's just something magical about holding a gleaming, glistening, golden coin - which amazes you by its heft - in your hand, and appreciating its beauty. But that's what fractionals are for... damned ounces are just going to be too big for practicality a few years from now.
Re: $1600 gold here we come???
Posted: Wed Apr 27, 2011 2:33 pmbeauanderos wrote:As much as I like my silver for it's potential profitability... there's just something magical about holding a gleaming, glistening, golden coin - which amazes you by its heft - in your hand, and appreciating its beauty. But that's what fractionals are for... damned ounces are just going to be too big for practicality a few years from now.
Practicality? to heck with practicality.....love me some double eagles.
Re: $1600 gold here we come???
Posted: Wed Apr 27, 2011 3:13 pmRodebaugh wrote:beauanderos wrote:As much as I like my silver for it's potential profitability... there's just something magical about holding a gleaming, glistening, golden coin - which amazes you by its heft - in your hand, and appreciating its beauty. But that's what fractionals are for... damned ounces are just going to be too big for practicality a few years from now.
Practicality? to heck with practicality.....love me some double eagles.
That is one coin I intend to own one day. Im betting silver makes up ground on gold, and at some point if this proves true, i will move some into gold. When I do I will have a double eagle for sure. The rest in 1/4oz. fractionals or smaller for the reasons ray said.
Re: $1600 gold here we come???
Posted: Wed Apr 27, 2011 9:42 pmI bought an ounce bar before The Bernank's Q&A. By the time he finished speaking I broke even on the transaction. 
Re: $1600 gold here we come???
Posted: Thu Apr 28, 2011 3:08 amI picked up a 1908 Quarter Eagle last night for about $15.00!!
I belong to a metal detecting club and we have a monthly meeting. We have a raffle at every meeting and the big prize each month is a gold coin. They typically are Quarter Eagles or 1/10th oz fractionals. I bought $15.00 dollars worth of tickets and the very last ticket I had was the winning one! I was so excited. My first gold and it is an Indian Head. I have been wanting one of these for sooooo long now, and I finally get one for well under spot.
I belong to a metal detecting club and we have a monthly meeting. We have a raffle at every meeting and the big prize each month is a gold coin. They typically are Quarter Eagles or 1/10th oz fractionals. I bought $15.00 dollars worth of tickets and the very last ticket I had was the winning one! I was so excited. My first gold and it is an Indian Head. I have been wanting one of these for sooooo long now, and I finally get one for well under spot.
Re: $1600 gold here we come???
Posted: Thu Apr 28, 2011 6:07 pmI'd rather have an orderly price rise than one that jumps $20/day. I want these prices to stick and build upon themself for a long, long time.
My long term target is $1750/oz by August 1st. From there it's anyone's guess. Is there a career in alchemy?
My long term target is $1750/oz by August 1st. From there it's anyone's guess. Is there a career in alchemy?